Multiple Choice
Suppose an American worker can make 50 pairs of gloves or grow 300 radishes per day.A Bangladeshi worker,on the other hand,can produce 100 pairs of gloves or grow 200 radishes per day.The opportunity cost of one pair of gloves is:
A) 6 radishes for the United States and 2 radishes for Bangladesh.
B) 60 radishes for the United States and 20 radishes for Bangladesh.
C) 1/6 radishes for the United States and ½ radishes for Bangladesh.
D) 6,000 radishes for the United States and 2,000 radishes for Bangladesh.
Correct Answer:

Verified
Correct Answer:
Verified
Q15: Suppose an American worker can make 50
Q16: When a producer has an absolute advantage
Q17: Tom and Jerry have two tasks to
Q19: Suppose that a worker in Country A
Q21: The improvement in outcomes that occurs when
Q22: The production possibilities frontier:<br>A)can show all possible
Q23: Suppose an American worker can make 100
Q24: Suppose an American worker can make 20
Q25: Suppose that a worker in Country A
Q109: Suppose that a worker in Country A